Amazon Challenges Hold On Arbitration With Future In Supreme Court
US retail giant Amazon has challenged the Delhi High Court order that stayed the Singapore arbitration proceedings against Future Group in the Supreme Court.
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US retail giant Amazon has challenged the Delhi High Court order that stayed the Singapore arbitration proceedings against Future Group in the Supreme Court.
The Special Leave Petition was filed on Saturday and is expected to be taken up for hearing this week.
Sources familiar with the development confirmed that an appeal has been filed in the NCLAT against the decision and the matter is likely to be taken up for hearing in the coming week.
The high court also stayed a single judge's January 4 order that had dismissed the Future Group's pleas seeking a direction to the arbitration tribunal to take a decision on its application for terminating the arbitration proceedings before moving further.
The Delhi High Court on Tuesday dismissed a petition filed by Future Group seeking to quash the arbitration proceedings with Amazon in Singapore